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18th Dec 2024 18:37USDaily Monitor

  • We look for a 0.13% increase in the November core PCE deflator, easing fears about sticky inflation.
  • The unemployment rate probably still rose in December, despite the slight fall in continuing claims.
  • The recent upturn in home sales is unlikely to last now that mortgage rates are rising again.

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Keywords for: 20 December 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence